-The Hindu On conservating estimate, exports will cross $750 billion amid global headwinds, said Commerce Secretary India’s merchandise exports contracted 1.15% in August to $33 billion, while inelastic imports of petroleum and coal remained firm, lifting imports above the $60 billion mark for the sixth successive month. The country’s goods trade deficit moderated slightly from the record $30 billion in July, but remained the second highest on record at $28.68 billion, more than...
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Three charts which explain the state of the Indian economy -Roshan Kishore
-Hindustan Times Are the June 2022 GDP numbers good or bad? What do they MEAn for economic growth over the rest of the fiscal year? What is the current state of economic momentum in the Indian economy? What about the nature of economic recovery? The Indian economy grew at 13.5% on a year-on-year basis in the quarter ending June 2022. While the headline number looks good, and is the fastest rate since...
More »India may ban rice exports, pose risk to global supply, says Nomura
-Moneycontrol.com The world's biggest rice exporter could see lower production as sowing has been 6 percent lower than the previous season India, the world’s largest rice exporter, could ban exports amid sub-par sowing this season, Nomura said on August 30. “Will India ban rice exports? We think the risk is non-negligible,” Sonal Varma, Nomura's chief economist for India and Asia (excluding Japan), said in a note. “Following the Russia-Ukraine war, soaring maize prices prompted...
More »Foodgrain Blues: PDS Allocation Dips, Prices Rise -Subodh Varma
-Newsclick.in MEAnwhile, output has also dipped due to weather ravages, which hints at tough times in coming months. Strange as it may sound but rice and wheat allocation for distribution through various welfare schemes has been steadily dipping in the past several years. It is strange because the population is growing and even the Supreme Court has urged the Central government to revise its population norms for food grain allocation since these...
More »Why Does Anaemia Remain an Unsolved Problem in India? -Pankaj Kumar Mishra and Harinder Happy
-TheWire.in * On August 5, Union health minister Mansukh Mandaviya provided data of the state-wise prevalence of anaemia among children aged six months to five years. * Based on NFHS-5 data, the current prevalence of anaemia among these children is nine percentage points higher compared to NFHS-4 data. * A prevalence of anaemia of 40% or more warrants serious concern because persistent anaemia can hinder cognitive development, slow growth and increase infection-related morbidity. *...
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